# MiFID II Reporting Tool vs Parali

The clearest difference is price: Parali at Free against MiFID II Reporting Tool's $2.99. Parali also leads on update cadence (monthly vs every 3 months) and iOS requirement (15.0 vs 18.0). On ads, in-app purchases and device support there is nothing between them.

Parali is free to download; MiFID II Reporting Tool costs $2.99 up front. Neither carries in-app purchases, so what you see is what you pay.

MiFID II Reporting Tool ships an update every 3 months, Parali monthly. The most recent releases landed on June 1, 2026 and October 30, 2026 respectively.

## The numbers

| Metric | MiFID II Reporting Tool | Parali |
| --- | --- | --- |
| Price | $2.99 | **Free** |
| Positive reviews | 100.0% of reviews | — |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Every 3 months | **Monthly** |
| Monetization | Paid | — |
| Size | 36 MB | 53 MB |
| Requires iOS | 18.0 | **15.0** |
| Devices | iPhone, iPad | **iPhone, iPad, iPod** |
| Age rating | 4+ | 4+ |
| Developer | [Tim Mueller-Seydlitz](https://appshunter.io/developer/1279048730) | [PAGALI COMERCIO, SOCIEDADE UNIPESSOAL LDA](https://appshunter.io/developer/1111715957) |

## What reviewers say

### MiFID II Reporting Tool

[App page](https://appshunter.io/ios/app/mifid-ii-reporting-tool/id1279048731)

This tool helps investment firms comply with MiFID II regulations by assisting in the determination of correct identification codes for natural and non-natural persons involved in financial instrument transactions. It aids in generating National Identification Codes (NIC) and verifying Legal Entity Identifiers (LEI).

**Highlights:** Determine correct identifier for natural persons (NIC), Verify LEI for non-natural persons, Display LEI reference data, Assist with MiFIR Article 26 compliance, Support for EU/EEA financial markets

**Features:** macOS Compatibility

**In-app purchases:** none


### Parali

[App page](https://appshunter.io/ios/app/parali/id6443763240)

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is MiFID II Reporting Tool free?

MiFID II Reporting Tool costs $2.99, with no in-app purchases.

### Is Parali free?

Parali is free to download, with no in-app purchases.

### Do MiFID II Reporting Tool or Parali have ads?

Neither MiFID II Reporting Tool nor Parali shows ads.

### Which is updated more often, MiFID II Reporting Tool or Parali?

MiFID II Reporting Tool ships an update every 3 months, and Parali monthly. Most recently, MiFID II Reporting Tool was updated on June 1, 2026 and Parali on October 30, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*